GULF FLAT STEEL IMPORTS: Prices stable, market activity very slow

Flat steel import prices in the United Arab Emirates and Saudi Arabia were stable this week, with market activity close to none because of the precautions taken due to the Covid-19 pandemic, sources told Fastmarkets on Tuesday April 21.

No deals or new prices were heard during the week and steel consumption was very slow because of the curfew orders in the UAE and Saudi Arabia, sources said.
The UAE announced the 24-hour movement restriction for a period of two weeks starting on April 4 and extended it for another week starting on April 17.

Saudi...

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